Mineral rents in Panama
Panama: Mineral rents was 3.6% in 2021. ◆ Volatile
Mineral rents in Panama, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Panama recorded 3.6% for mineral rents in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 763.1% on the previous year and up 2,438.1% over ten years.
Over the whole period, mineral rents in Panama peaked at 3.6% in 2021 and was at its lowest, 0.0%, in 1970.
That places Panama 30th out of 212 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.0% | — |
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | +51.0% |
| 1998 | 0.0% | +1952.6% |
| 1999 | 0.0% | +38.5% |
| 2000 | 0.0% | +25.9% |
| 2001 | 0.0% | -59.7% |
| 2002 | 0.0% | +90.9% |
| 2003 | 0.0% | +96.1% |
| 2004 | 0.1% | +73.8% |
| 2005 | 0.0% | -100.0% |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.1% | +36.0% |
| 2011 | 0.1% | +115.6% |
| 2012 | 0.2% | +8.1% |
| 2013 | 0.1% | -45.4% |
| 2014 | 0.1% | -14.2% |
| 2015 | 0.0% | -58.0% |
| 2016 | 0.0% | -69.2% |
| 2017 | 0.0% | -15.9% |
| 2018 | 0.0% | -100.0% |
| 2019 | 0.2% | — |
| 2020 | 0.4% | +77.7% |
| 2021 | 3.6% | +763.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 2.0% | 0.4% | 3.6% | 2 |
Countries ranked near Panama
- 27 Tanzania, United Republic of 4.0% compare
- 28 Lao People's Democratic Republic 3.9% compare
- 29 South Africa 3.8% compare
- 31 Iran, Islamic Republic of 3.4% compare
- 32 Namibia 3.2% compare
- 33 Senegal 2.9% compare
More energy & mining data for Panama
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.1439 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.0% (2024)
Frequently asked questions
- What is mineral rents in Panama?
- Mineral rents in Panama was 3.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Panama?
- The highest recorded value was 3.6% in 2021.
- What is the lowest mineral rents recorded in Panama?
- The lowest recorded value was 0.0% in 1970.
- How does Panama rank for mineral rents?
- Panama ranks 30th out of 212 countries with data for 2021.
- Is mineral rents rising or falling in Panama?
- Over the last ten years it is up 2,438.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.